Speed Equity FACT vs. Fiction . . . MATH vs. MYTH [Part 2(c) The HISTORY contd.]
G'day everyone,
This blog is a continuation on the short history of Speed Equity.
As you saw in Speed Equity FACT vs. Fiction . . . MATH vs. MYTH - Part 2(b) I received a huge amount of media attention on the subject of Speed Equity in Australia. I guess everyone wants to know how they can pay off their mortgages years sooner and save a ton of interest.
One of the best outcomes about the effectiveness of this consumer movement occurred when I was approached by the Australian subsidiary of HSBC, a multinational banking corporation ranked as the third largest bank in the world with assets of over $1 trillion.
In 2003 HSBC wanted to do a nationwide launch of new home loan they had developed called “Home Smart” - a revolutionary mortgage that was specifically designed around the Speed Equity concept.
Their representatives contacted my office and asked if they could use my book to promote their new home loan. The reason they gave was that their new home loan was in complete alignment with the Speed Equity principles of my Speed Equity® System. I told them I would say, “yes” only if their loan product met my personal criteria in being beneficial to consumers.
After conducting my own due diligence I discovered that it was indeed a great loan product and would help borrowers to save tremendous amount of time and interest on their mortgage. As a result I was happy to give HSBC full permission to use my book to promote their new home loan.
Here's one of the full page ads they took out in the major newspapers in Australia:
Comments(0)